The Texas Rangers
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The Rotary Club THE HUB of Park Cities Volume 64, Number 23 www.parkcitiesrotary.org January 11, 2013 Serving to Make a Difference Since 1948 TODAY’S PROGRAM Program Chair of the Day: Eric Heitkamp The Texas Rangers Tom Grieve Ron Washington Joe Nathan Tom Grieve enters his Named the 17th The 2013 season 19th season as the analyst full-time manager in marks Joe Nathanʼs sec- in the Rangers' television organization history on ond in a Ranger uniform. booth after debuting on Nov. 6, 2006, and is in Nathan was Texas' lead- Prime Sports in 1995. his sixth season at the er in appearances (66), Elected to the Rangers helm. He led the Ran- saves (37), and games Hall of Fame in 2010, he has been with the gers to back-to-back World Series appear- finished (62) in his first season with the Washington/Texas franchise for nearly 44 ances in 2010 and 2011. In six seasons club, finishing fifth in the A.L. in saves and of his 45 years in professional baseball. as the clubʼs manager, he has compiled a 4th in games finished. Nathan became the Named the Rangers' Vice President 520-452 (.535) record. He ranks among 5th pitcher in ML history to record at least and General Manager in 1984, Grieve be- the clubʼs all-time managerial leaders in 35 saves in 7 different seasons. came the youngest General Manager in wins (2nd, 520) and games (3rd, 972), trail- The 2012 season was his first season baseball at the time. He remained in the ing only Bobby Valentine (581) in wins. as a fulltime closer since 2009. Nathan position until September, 1994, the long- In 2012 the club spent 178 days in converted 37 of 40 save opportunities, a est tenure of any GM in team history. first place, 2nd-most in Rangers history. 92.5% success rate that ranked 3rd in the Grieve was the Senators' first round Washington's coaching career began A.L. He holds the highest career save per- pick in the 1966 free agent draft after an in 1991 in the New York Mets organization centage in ML history among pitchers with outstanding high school career in his at Triple-A Tidewater. He spent 2 seasons at least 200 saves. He had a record hometown of Pittsfield, MA. He played in there before taking over as manager of streak of 31 consecutive converted saves the majors from 1970-79. Grieve was the Capital City (Columbia, SC), the Mets' (April -September, 2012), also a team mark Rangers' Player of the Year in 1976 with Class A club in the South Atlantic League The 34-year-old closer was acquired career bests of 20 homers and 81 RBI. (1993-94)…in 1995, he returned as coach as a free agent following the 2011 season He joined the Rangers' front office as for the Mets' AAA affiliate, which had after appearing in 48 games in his last sea- director of group sales in 1980, became moved to Norfolk. son with Minnesota. He posted a 4.84 ERA assistant director of player development in He appeared in 564 career major and converted his final 11 save opportuni- 1981, and was promoted to director of league games and batted .261 (414-414- ties as a Twin. Nathan missed all of 2010 player development after the 1982 1586) with 20 HR and 146 RBI. after undergoing Tommy John surgery. season. COMMITTEE TIME More Party pictures on the website! Reminders of Holiday Cheer Be a Vibrant and Visionary Model of Service Above and Beyond Self January 11, 2013 THE HUB The Rotary Club of Park Cities Page 2 LAST WEEK Please remember ... Our Mission Hugh Griffith who is making progress. Tom Building a legacy of good works and Presiding: Fred Brown Rhodes whose mother-in-law has passed away. fellowship, we strive to: Invocation: Mary Bishop Linda Tunnell whose father has passed away. REACH those in need in partnership Pledge: Lisa Amsberry Do you have Joys or Concerns? Please let with others Introductions: Will Reppeto us know at- [email protected] INSPIRE tomorrow’s leaders with Photographer: Fred Speno was announced, that it could have high ethical standards Chair of the Day: Rex Jennings been worse. There were quite a FOSTER lives of service above self Speaker: John Peavy few favorable things on the tax – A supporting member of Rotary Program: The Stock Market side, but there is still a great deal International President Fred Brown of uncertainty with the debt ceil- called this first meeting of 2013 to ing. He said that uncertainty is what makes The Hub is the weekly newsletter of order. He brought pictures of his stocks move. There are over $16T in debt in the Rotary Club of Park Cities (Dallas) visit to the Rose Parade and of this country. The Gross Domestic Product is Betty Dawson, Editor the Rotary float. Mary Bishop about $16T, so we owe what we produce in a Shutterbug Committee gave the invocation, and asked that we re- whole year. In the mid-1980s our debt was Fred Speno, Chair member in our prayers Hugh Griffith and about thirty percent of our GDP. If busines- Bulletin/Internet Advertising Tom Rhodes. Lisa Amsberry led the ses have too much debt, the bank asks for Chris Short, Chair Pledge of Allegiance and the singing of the some of it to be paid. The ramification of such Star Spangled Banner.” Will Reppeto intro- high debt is a lowered bond rating. We have duced our visitors and guests, including PDG one of the fastest growing debts, but our GDP Bill Perryman and DGE Bill Dendy. Chris is only about twenty-five percent. He believes Short announced The Hub and web adverti- that this is one of the most difficult and trea- sers. He also announced that there are still cherous times in which to invest. He said that opportunities for advertising for a half year in interest on treasury bills and bonds are so low OFFICERS and DIRECTORS The Hub or for future months on the website. that investors will lose money. He sees the 2012-2013 Pam Carvey announced that Dentistry outlook for bonds as dismal. The Quantitative Fred Brown, President with a Heart will be on February 15 this year, Easing has bought up bonds by just printing Cleve Clinton, President Elect and it is time to sign up. money. The worst asset class right now is Eric Heitkamp, Vice President Greg Pape announ- high-yield or junk bonds. Returns on junk Jina McDaniel, Secretary ced the District 5810 bonds have dropped from about nineteen per- Barb Jeffries, Treasurer Humanity in Motion cent to six percent, but the risk is still there. Patsy S. Watson, Sergeant-At-Arms Gala on March 15. He He said the current P-E Ratio on the S&P 500 Susan Rogers, Club Service I asked Susan Harris stocks is about sixteen. The average yield on Michael Rainwater, Club Service II and Moody Alexander to the stocks these days is 2.7 percent, but these Tom Stutz, Community Service I podium and recognized could be good buys because they yield more them both as third-level than many other investments. The average Karen Farris, Community Service II Paul Harris Fellows. dividend yield has been about four percent, Shawn Murphy, New Generations Chris Clausen intro- so the current yield is very low. He said that Mike Jarrell, International Service duced our newest member Mark there is no really good place to invest your Ley Waggoner, At Large Drennan. money. What causes stock prices to go lower Jim Mills, Immediate Past President Rex Jennings introduced our speaker is peoplesʼ perception of risk. Stocks can go Bill Sleeper, today, John Peavy to speak on up a lot without earning more, if people have Parliamentarian/Historian the Stock Market. He remarked confidence. The relationship between inter- Laurie Aldredge, Club Administrator that his opinion on the outcome est rates and stock prices have decoupled 6704 Snider Plaza of the Fiscal Cliff was “ it could because interest rates have been kept artifi- Dallas, Texas 75205 have been worse.” He said that cially low. He predicted that there would not Office Phone: 214-739-4170 that was why he thought that the be much growth in the stock market this year. Office Fax: 214/363-6980 stock market had risen when the outcome He also predicted a possible bond bubble. Email: [email protected] www.parkcitiesrotary.org EVENTS CALENDAR Get Involved! Dennis Harrison, Webmaster AED = Defibrillator Training M = Meals on Wheels (Differ- January Bl = Blood Drive ent teams on each day) Sakuji Tanaka, S M T W Th F S BD = Board of Dirs. Mtg, 7am See Patsy Watson Japan LaMadeleine, 75 & MockingbirdMentoring at Hillcrest H.S. M M M In Mtg Cn = PCR Connect Event. Mc = Ronald McDonald President, Rotary M M M M CP = ChildsPlay Work Mtg House-See Jina McDaniel International 6 Cn In Mtg D = District 5810 Event NM = New Member Event M M M M DH = Dentistry with a Heart Pr = Program Committee Mtg www.rotary.org 13 BD In Mtg FR = Family of Rotary Event Reading and Radio Resources M M M M F = Fellowship Event See Jodie Ray Sandy Forster, RC of Garland 20 Mc In Mtg FF = RCPC Foundation Fund SpE = Special Service Event Mtg. See Cleve Clinton VV = Vet to Vet - See Bob Dill Governor, District 5810 M 27 In- Interact at Hillcrest H.S, Web-lite = after noon mtg www.rotary5810.org 8 am. See Tracy Gomes Blue = Activities on own schedule January 11, 2013 THE HUB The Rotary Club of Park Cities Page 3 UPCOMING PROGRAMS ROTARY CONNECTED Jan.